Haan, Peter; Uhlendorff, Arne - Institute for the Study of Labor (IZA) - 2007
In this paper we develop a model to consistently estimate the intertemporal labor supply behavior on the extensive … voluntary non-participation and involuntary unemployment which is caused by labor market rationing and model the dynamics of … labor supply by accounting for true state dependence and unobserved effects. Our approach follows the empirical literature …